This property has been taken off the market.

2 Bed Flat For Sale Broad Street, Birmingham, B15

£325,000- Flat

1 of 14
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Last Updated: 15th April 2024

Description

A net yield of 9% is available if you do short term lets.

With luxurious finishes throughout, spacious layouts and breathtaking views, The Bank Tower 2 is one of Birmingham's most desirable places to live. Standing in the city's beating heart, The Bank presents a range of luxurious one, two and three bedroom apartments in Birmingham's tallest residential building. At over 100 metres in height, this 33 storey skyscraper offers unrivalled views across one of Europe's most vibrant cities and its distinctive network of working canals.

Benefiting from 24 hour Concierge, Private Gym, Residents Lounge, Coffee Bar, Ground floor Restaurants and Shops, Secure and private outdoor green open space, Bicycle stores, Concierge parking.

With the Metro tramline right on the doorstep, an on-site gym, shared open space and ready access to everything offered by this exuberant and multicultural metropolis, life at The Bank just couldn't be more desirable. Europe's youngest city is a renowned seat of learning, drawing thousands of international students to its five outstanding universities. A further 15 universities (offering the widest range of courses) are all within an hour's drive.

Attracting more people moving from London than any other city, Birmingham is also at the centre of one of the largest Business, Professional & Financial Services clusters in Europe. Home to HSBC's new UK banking HQ, Birmingham also boasts large regional offices for such high profile names as Deutsche Bank, Wesleyan, Lloyds, Gowlings and PwC.

LEASEHOLD INFORMATION:
Service charge - £2,209 per annum (Approx.)
Ground rent - £350 per annum
Lease length - 250 years

Lease, ground rent and service charge details have been provided by the seller and their accuracy cannot be guaranteed. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.  
Agent Details
Martin & Co
28 Carver Street, Hockley, Birmingham, B1 3AS

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested